Going Long

Hi, sorry havent written in a month...actually havent done much except being on the sidelines... saw the markets tank from outside....did not have the courage to go short....

Well will be taking long position tomorrow. 3 reasons

1) RSI has come down to 30 levels they will go up, (although it might be small only)

2) New series with perfect set up to go up

3) Encouraging global data, with US economy going up by 5%

Although a word of caution, keeping a stoploss is warranted

Happy trading!